Daily vs Monthly SIPs: Which one is best?

By: Value Research

Daily SIP outperformance

Daily SIPs outperform monthly SIPs among mid-cap funds, too

Even among small-cap funds, daily SIPs shine more than monthly SIPs

Clean sweep

Daily SIPs perform marginally better than monthly SIPs but look at the following slide before starting one…

Daily SIPs overcomplicate things

- It involves a lot of transactions - You’ll have a much longer transaction statement (cont)

Daily SIPs overcomplicate things

- Tracking it will be very tough - It also complicates your capital gains tax computation when you try to withdraw your investment

Are daily SIPs worth it?

Not really. They outperform by 0.08% at best over 10 years, meaning they are not worth the stress. (cont)

Are daily SIPs worth it?

Instead, opt for monthly SIPs. You earn monthly, and you can easily invest that amount monthly.

In short

Monthly SIPs make more sense than daily SIPs.

To stay money-smart, keep reading ValueResearch.com

Other Webstories

To find more such stories & Web-stories, visit our website